1000% Growth
One Stop Recruiting, a medical staffing firm in Mesa, Arizona, achieved 1000% growth over seven years with the help of altLINE. By addressing cash flow challenges and streamlining accounts receivable, altLINE’s invoice factoring services were crucial in supporting their expansion and future success.
Since my first call with [the General Manager] Jim, altLINE has helped us stay on top of our AR better than we ever did in the past. Working with Jim, working with [VP of Operations] Kelley, and working with our account manager Mildred has been a true blessing.
Robert Hundley, CEO
One Stop Recruiting
One Stop Recruiting
The Company
Industry: Medical Staffing and Recruitment
Location: Mesa, Arizona
Founded: 2006
One Stop Recruiting is a leading medical staffing and recruitment firm specializing in connecting highly qualified candidates with healthcare organizations. Their focus on quality and trust has allowed them to grow steadily over the years, with a notable milestone of becoming a $1 million business by 2016.
Location: Mesa, Arizona
Founded: 2006
One Stop Recruiting is a leading medical staffing and recruitment firm specializing in connecting highly qualified candidates with healthcare organizations. Their focus on quality and trust has allowed them to grow steadily over the years, with a notable milestone of becoming a $1 million business by 2016.
In 2016, One Stop Recruiting was already a successful $1 million company, but CEO Robert Hundley and his team faced persistent cash flow challenges due to delays in accounts receivable. This was affecting their ability to take on new opportunities and expand their business. By partnering with altLINE, they were able to overcome these obstacles, streamline their AR processes, and support their 1000% growth over seven years.
The Solution
After recognizing the need to address AR inefficiencies, Hundley explored financing options and discovered invoice factoring, eventually finding the right partner in altLINE. The altLINE team worked closely with One Stop Recruiting to improve AR management, providing the financial stability necessary for growth.
- Improved AR Management: altLINE helped One Stop stay on top of accounts receivable, streamlining the process and allowing them to focus on expanding their business.
- Personalized Support: From their initial call with Jim Pendergast to working with Kelley and Mildred, the One Stop team built a strong relationship with altLINE, ensuring their financial processes were in the best hands.
The Challenge
Cash Flow and AR Challenges:
Despite their growth, One Stop Recruiting struggled with cash flow issues, primarily caused by customers paying in arrears. This delay in payments created challenges in taking on new business and scaling the company effectively. As a result, Hundley realized they needed to improve their accounts receivable (AR) processes to keep up with the demand for their services.
Despite their growth, One Stop Recruiting struggled with cash flow issues, primarily caused by customers paying in arrears. This delay in payments created challenges in taking on new business and scaling the company effectively. As a result, Hundley realized they needed to improve their accounts receivable (AR) processes to keep up with the demand for their services.
The Results
1000%
Growth
The partnership with altLINE played a significant role in One Stop Recruiting’s incredible growth, helping them scale from a $1 million company to new heights.
AR
Cleanup
With altLINE’s support, One Stop successfully went through a major AR cleanup, resulting in one of the healthiest AR situations they’ve ever had.
Federal Government Contract
One Stop is currently working on a $36 billion contract with the federal government. As part of this, they are receiving a letter of recommendation from altLINE to demonstrate their financial stability.
Why Choose altLine
For companies facing cash flow and AR challenges, altLINE offers more than just financial solutions. Their personalized service, attention to detail, and commitment to long-term success make them a trusted partner for growing businesses.
- Reliable AR Management: Keep your accounts receivable in check with expert support.
- Trusted Partnership: Build a lasting, supportive relationship with a team that understands your unique needs.
- Business Growth: Empower your business to scale and take on new, larger contracts with financial stability.
Get a Free Quote Today
altLINE’s invoice factoring services have been a key factor in One Stop Recruiting’s 1000% growth over seven years. By partnering with altLINE, they’ve not only streamlined their AR processes but also positioned themselves for success with larger contracts and opportunities. For businesses looking to unlock their growth potential, altLINE is the trusted financial partner.
